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Jan 4, 2013
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of course overraising the debt ceiling. republicans are threatening not to cooperate, and if it doesn't get done it could send the entire global economy into a tailspin. now people are looking for other solutions. is there somewhere we can turn to get rationality? they have come up with some pretty unorthodox ways of going around congress. right now platinum coin is trending on twitter. why you might ask? because the possible has been raised to have the federal reserve mint a trillion dollar platinum coin. they can't print more paper money or produce more silver or gold, that's by law, but they actually could create a platinum coin, stamp it for a trillion dollars, put it in the federal reserve and solve the crisis just like that. oh so supporters claim. it does seem pretty crazy, but we're dealing with some pretty insane behavior now in washington. so here to weigh in on that issue is laura tyson she is now at uc berkeley's school of business, and current tv's economic advisor, and she is coming to us from washington. welc
of course overraising the debt ceiling. republicans are threatening not to cooperate, and if it doesn't get done it could send the entire global economy into a tailspin. now people are looking for other solutions. is there somewhere we can turn to get rationality? they have come up with some pretty unorthodox ways of going around congress. right now platinum coin is trending on twitter. why you might ask? because the possible has been raised to have the federal reserve mint a trillion dollar...
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Feb 8, 2013
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it's actually worked pretty good effect thus far on things like the fiscal cliff and debt ceiling. republicans will try to draw a line somewhere. i'm not sure why yet. >> they thought they could draw it on national security with chuck hagel, and we've seen in the last 48 hours the president picked up the phone and he cauldron widen. he hasn't called too many senators too often, even in his own party. he cauldron widen because they had a real obstacle, and he knew that his cia nominee, his close friend, someone he is really eager to have confirmed john brennan, was in trouble going to that hearing. now not so much trouble. >> not so much trouble. these hearings are always as much about the -- using the moment as a lever to dislodge things that congress wants as they are about the nominee himself. i don't think there were a lot of questions about john brennan's kwaul ficks for the job. if i might say to live township the transparency that's been happy to profess. can i go back to the state of the union? i want to add a little bit of a note of caution to all this presidential huffing
it's actually worked pretty good effect thus far on things like the fiscal cliff and debt ceiling. republicans will try to draw a line somewhere. i'm not sure why yet. >> they thought they could draw it on national security with chuck hagel, and we've seen in the last 48 hours the president picked up the phone and he cauldron widen. he hasn't called too many senators too often, even in his own party. he cauldron widen because they had a real obstacle, and he knew that his cia nominee, his...
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Jan 6, 2013
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let us right now, why don't the republicans announce, we will take the debt ceiling off the table. we have other power to use. let's get rid of that issue right now. that would be great for the economy because there would be some certainty that we're not going down this crazy -- >> i think if mcconnell had said that this morning, the markets would have gone up 200 points. >> newt gingrich and i probably disagree radically on what needs to be done, because i think we need more revenue than we got in this deal. but the other thing is we forget how much we have already done. there has been one deal after another after another that has cut spending very significantly. and that's why to say it's now only about spending and no more revenue on the table is just a big mistake. we have cut a lot. >> you would get broad widespread agreement if the revenue argument was, as simpson-bowles have suggested, a vast simplification of the tax code. this latest deal complicated the tax code. continued corporate welfare. simplify the tax code. close the loop holes, lower the rates, you would get broad
let us right now, why don't the republicans announce, we will take the debt ceiling off the table. we have other power to use. let's get rid of that issue right now. that would be great for the economy because there would be some certainty that we're not going down this crazy -- >> i think if mcconnell had said that this morning, the markets would have gone up 200 points. >> newt gingrich and i probably disagree radically on what needs to be done, because i think we need more...
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Jan 5, 2013
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use the debt ceiling as leverage for subpoenaing cuts. who has the upper hand when it comes to raising the debt kre ceiling? >> most observers would say the leverage is on republicans' side here. what is interesting about this debt ceiling battle compared to the last one, have you high-ranking members taking positions pretty far away from the mainstream of what their party is saying. have you house minority leader come out at a news conference say the president should bypass congress entirely and invoke the 14th amendment to the constitution and raise the debt ceiling on his own and high-ranking republicans, john cornyn, also stated this week he thinks republicans should be prepared to push it to the point of a potential government shutdown in order to more spending cuts from the other side. one important thing to bear in mind, we have two months to get the deal done, the leeway is much less for them. the senate and the house will only be in session for two days until they come back on february 4th, and that's not a lot of time to sit dow
use the debt ceiling as leverage for subpoenaing cuts. who has the upper hand when it comes to raising the debt kre ceiling? >> most observers would say the leverage is on republicans' side here. what is interesting about this debt ceiling battle compared to the last one, have you high-ranking members taking positions pretty far away from the mainstream of what their party is saying. have you house minority leader come out at a news conference say the president should bypass congress...
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Jan 6, 2013
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. >> raising the debt ceiling is non-negotiable. how is that going to go over with republicans? >> this is very much the first opening for ray on both sides. the president is non-negotiable, he wants to raise the debt ceiling. you have conservatives in congress saying we're not afraid to let the government shut down. they're starting on the opposite sides of the court and they'll move towards the center, if there's a deal. >> the president says he's willing to talk about more spending cuts as we discussed. not only the debt ceiling but also the sequestration, which is still on the table. that was pushed two months down the road and has to be dealt with but the president says he's not going to talk about that without discussions on more revenue, perhaps more tax hikes. is that on top of the ones with the fiscal cliff deal? >> when you borrow money and raise offsets. the president made it clear he wants that to come from revenue. the next thing they need to look at is spending cuts and congress is going to push for that. especially given the president got pretty close to what he w
. >> raising the debt ceiling is non-negotiable. how is that going to go over with republicans? >> this is very much the first opening for ray on both sides. the president is non-negotiable, he wants to raise the debt ceiling. you have conservatives in congress saying we're not afraid to let the government shut down. they're starting on the opposite sides of the court and they'll move towards the center, if there's a deal. >> the president says he's willing to talk about more...
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Jan 12, 2013
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if republicans refuse to raise the debt ceiling there's the possibility that the president can work around the congress, but it's likely. >> there are a couple of possibilities that are being floated around, thomas. one is that the white house could use the 14th amendment, that would allow the president to increase the debt ceiling without congress' approval, and it says validity of the public debt of the united states shall not be questioned. some democrats wrote a letter to the white house on friday saying it gives the president the authority to increase the debt ceiling unilaterally, and another option that is floated is to essentially mint a platinum coin worth a trillion dollars. this is a idea that dates back to a 1997 appropriations bill that deals with the issue. the white house saying they do not believe that this gives nem the authority to mint a trillion dollars coin. they feel they need to go through congress to get the debt increased. there's question how it will take effect. president obama said he is not going negotiate with congress. so it raises the question, if he is not
if republicans refuse to raise the debt ceiling there's the possibility that the president can work around the congress, but it's likely. >> there are a couple of possibilities that are being floated around, thomas. one is that the white house could use the 14th amendment, that would allow the president to increase the debt ceiling without congress' approval, and it says validity of the public debt of the united states shall not be questioned. some democrats wrote a letter to the white...
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Jan 3, 2013
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they have so much on their plate, as you mentioned, including the debt ceiling coming up very quickly and the deficit. the 113th congress takes its oath this afternoon, 56 new democrats, 38 new republicans, and a record number of women. the youngest, hawaii's tulsie gabrin and the first hindu ever elected. john boehner expected to be elected speaker but 17 conservatives could derail. that he announced the first order of business, a vote friday to provide billions to victims of superstorm sandy. >> the bottom line is that between friday morning and january 15th, two votes will bring in $60 billion is absolutely necessary for new york, new jersey, and connecticut. >> reporter: also tops on the agenda, raising the debt ceiling. republicans will insist on cutting spending first. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> the president thinks he's not going to negotiate. he better think again. he's president of the united states. he's not emperor of the planet. >> reporter: the last time the congress fought
they have so much on their plate, as you mentioned, including the debt ceiling coming up very quickly and the deficit. the 113th congress takes its oath this afternoon, 56 new democrats, 38 new republicans, and a record number of women. the youngest, hawaii's tulsie gabrin and the first hindu ever elected. john boehner expected to be elected speaker but 17 conservatives could derail. that he announced the first order of business, a vote friday to provide billions to victims of superstorm sandy....
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Oct 15, 2013
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that basically there's three key dates, that under this proposed deal, the debt ceiling would be increased to early mid-february, the government would be reopened until mid january and then that there would be broader budget talks with an expiration date of december 15. now why are those dates significant? number one, on the january 15th reopening of the government until mid january, what that means is, arrange january 15, more sequester cuts are about to kick in. that would tee us up for another big showdown in mid january as to whether democrats are going to pull in some of those big sequester cuts, a lot of republicans want to stop that. finally it seems like delaying the medical device tax for two years, the thing that has come up in the president's health care law. that would not be part of this deal. that would be something they would try to work out in those broader budget talks. but this may anger senator ted cruz who will say wait a minute why are you punting into mid jarp. two years ago we had a similar process, not exactly the same, but similar, what that so-called supercommitte
that basically there's three key dates, that under this proposed deal, the debt ceiling would be increased to early mid-february, the government would be reopened until mid january and then that there would be broader budget talks with an expiration date of december 15. now why are those dates significant? number one, on the january 15th reopening of the government until mid january, what that means is, arrange january 15, more sequester cuts are about to kick in. that would tee us up for...
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Jan 27, 2013
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house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >> thanks, good to be here with you vago. >> something that's been making headlines is secretary panetta changing the guidance to allow women to serve in combat roles that had been closed to them at one point on a standards based sort of way. but physical fitness standards aren't the same for both sections. are you guys -- sexes. are you guys going to have to establish new standards to make sure they are up for the task? >> we're not going to change standards that matter for war fighting capability. and 237,000 now positions that used to be closed to women will now be presumptivively open to women. we are
house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >>...
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Jan 5, 2013
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ceiling but reports say that speaker boehner told fellow republicans he'll use the debt ceiling as leverage for spending cuts. who do you see as having the upper hand when it comes to raising the debt ceiling? >> you know, alex, this reminds me a lot of the government shutdown, the confrontation we had between president clinton and newt gingrich back in 1995 where they were at really loggerheads over spending issues and the government you may remember shut down for a total of 28 days, people forget how long that confrontation went on. what do we see what happened that time, advantaged the president. republicans really took it on the chin. the president had the bully pulpit, we see the president, president obama, already trying to make his case in the clip that you showed from his saturday radio address. he's trying to say these are debts we've already incurred and catastrophic consequences if we don't -- we don't -- we aren't seen as a nation that will pay its debts. so, we see that positioning coming out already. i think it's a lot like the fiscal cliff debate where the president has some
ceiling but reports say that speaker boehner told fellow republicans he'll use the debt ceiling as leverage for spending cuts. who do you see as having the upper hand when it comes to raising the debt ceiling? >> you know, alex, this reminds me a lot of the government shutdown, the confrontation we had between president clinton and newt gingrich back in 1995 where they were at really loggerheads over spending issues and the government you may remember shut down for a total of 28 days,...
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Jan 15, 2013
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i'm not going to give house republicans anything for raising the debt ceiling. it's on them. if they want to take the heat for veterans benefits and social security benefits not getting to people, what game of chicken are we playing here? >> really high stakes game of chicken is what we're playing here. i had the occasion of going back and reading actually the president's first news conference after he became president, and he is talking then about his overtures to republicans and how he hopes he can create habits of good behavior. well, it's been four long years, and that was about the feistiest press conference spurred by nothing other than he just really wanted to send this signal once again. his message was i'm not backing down, and he is getting the message back from republicans that they aren't either. i think we're going to be asking ourselves which side is going to blink for the next several weeks. i don't know that -- i don't feel confident that i know the answer to that question. >> ruth marcus, thank you very much. kristen welker thank you, from the white house. >>
i'm not going to give house republicans anything for raising the debt ceiling. it's on them. if they want to take the heat for veterans benefits and social security benefits not getting to people, what game of chicken are we playing here? >> really high stakes game of chicken is what we're playing here. i had the occasion of going back and reading actually the president's first news conference after he became president, and he is talking then about his overtures to republicans and how he...
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Jan 6, 2013
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. >> raising the debt ceiling and raising objections over former republican senator chuck hagel. the president's expected choice for defense secretary. our conversation with senators dick durbin and lindsey graham. then, learning the ropes with two freshmen, democratic senator democrat heidi heitkamp and republican senator richard hudson and plus can either party compromise and keep hard core supporters on board, neera tannen, stephen moore of the "wall street journal" and jackie calmes of the "new york times" and our own dana bash. you knows what happens when sis fuss rolls that boulder to the top of the hill, it rolls back down, a piece of greek mythology that brings to us the reality of the u.s. congress. it got a deal that raises taxes on the upper brackets and prevents for now huge spending cuts. it's moved on to the issue of avoiding a u.s. default. >> the president needs to show up early this time. >> republicans say they are done raising taxes. they want the president to agree to spending cuts in exchange for raising the amount of money the u.s. treasury is allowed to bor
. >> raising the debt ceiling and raising objections over former republican senator chuck hagel. the president's expected choice for defense secretary. our conversation with senators dick durbin and lindsey graham. then, learning the ropes with two freshmen, democratic senator democrat heidi heitkamp and republican senator richard hudson and plus can either party compromise and keep hard core supporters on board, neera tannen, stephen moore of the "wall street journal" and...
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Jan 7, 2013
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. >> with republican leaders still clearly prepared to use the debt ceiling as leverage, nancy pelosi explained what she would do if she were in president obama's shoes. >> why do we go through this kind of exercise that embarrass everyone. >> ask the republicans. we always passed the debt ceiling when president bush was president. there should be -- this is a conversation where there should be no doubt. in fact, if i were president, i would use the 14th amendment which says that united states will always be -- >> you would go ahead and do it. >> but the congress hasn't incurred much of this debt. >> more on the president's big january agenda the white house is considering comprehensive plans to crack down on gun violence. three weeks after the sandy hook shootings in newtown, connecticut, the task force is looking at wide-ranging measures. the group is exploring ways to strengthen mental health checks. >>> in some cases the potential measures could be implemented through executive action. >> i think what we need to do first is to see what the vice president's group comes up with, wha
. >> with republican leaders still clearly prepared to use the debt ceiling as leverage, nancy pelosi explained what she would do if she were in president obama's shoes. >> why do we go through this kind of exercise that embarrass everyone. >> ask the republicans. we always passed the debt ceiling when president bush was president. there should be -- this is a conversation where there should be no doubt. in fact, if i were president, i would use the 14th amendment which says...
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Feb 2, 2013
02/13
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i think that the republicans appear to have decided they don't want to have a fight over the debt ceiling so having -- that's pretty clever -- they didn't raise the debt ceiling, they suspended it for a couple of months. i think they're signaling they want to have a fight over spending and they don't see the debt ceiling as a good lever. gwen: boy, it feels like we're going to be talking about this more. you made it very clear. i like that. it has become an article of faith in washington that common ground is the capital's most valuable and elusive real estate so it was remarkable to watch four democrats and four republicans announce that they are working together to come up with a compromise on one of society's touchiest issues -- what to do about the now 11 million people living in the u.s. illegally. >> elections. elections. the republican party is losing the support of our hispanic citizens and we realize that there are many issues on which we think we are in agreement with our hispanic citizens but this is a preeminent issue with those citizens. we cannot continue as a nation with 11
i think that the republicans appear to have decided they don't want to have a fight over the debt ceiling so having -- that's pretty clever -- they didn't raise the debt ceiling, they suspended it for a couple of months. i think they're signaling they want to have a fight over spending and they don't see the debt ceiling as a good lever. gwen: boy, it feels like we're going to be talking about this more. you made it very clear. i like that. it has become an article of faith in washington that...
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Oct 13, 2013
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if they are the ones i shut down the government and are now playing with the debt ceiling. when they played with it a few that our, we saw ratings were downgraded by standard & poor's. this is not something that should happen. it almost makes us a laughing stock. it is very dangerous. it ought to be stopped. we should have a clean resolution to both raising the debt ceiling and also to open the government. i think the president was absolutely right to stay in washington. some criticized him. they would've criticized him if he left washington for a foreign summit. they would have said he belongs in washington. the secretary of state was there. how tory kerry know handle things. i think he handles it well. i think people understand that the president had business in washington. it was not of his doing. he does not like it. he would rather not have this crisis. i think he did what he needed to do. when we get there all these issues, does congress have an appetite to get into this issue or will it be pushed off in 2015 after the midterm election? >> i hope not. i think immigrat
if they are the ones i shut down the government and are now playing with the debt ceiling. when they played with it a few that our, we saw ratings were downgraded by standard & poor's. this is not something that should happen. it almost makes us a laughing stock. it is very dangerous. it ought to be stopped. we should have a clean resolution to both raising the debt ceiling and also to open the government. i think the president was absolutely right to stay in washington. some criticized...
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Jan 6, 2013
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not going to raise that debt ceiling and allow the u.s. to borrow unless we get one for one. a dollar in the raised debt ceiling and a dollar in spending cuts, so i'm not sure where this is going. some republicans say, hey, we're going -- this is where we're going to get our spending cuts because they don't think they got any in the fiscal cliff plan that was just passed and this is where they want to make that stand. will all of them make it because it will need all republicans, particularly in the senate, to stick with that. so we'll see. it's another one of those, you know, games of chicken again. >> kind of getting tired of those, aren't you? >> me, too. need a new analogy. >> candy, thank you very much. >> thanks. >> kee it here for "state of the union" that starts in nine minutes. 9:00 a.m. eastern time right here on cnn. >>> well, this is one of our favorite stories this morning. take a look here. this black and white kitty was caught sneaking into a brazilian prison were saws, drills, batteries and a cell phone taped to its body. s
not going to raise that debt ceiling and allow the u.s. to borrow unless we get one for one. a dollar in the raised debt ceiling and a dollar in spending cuts, so i'm not sure where this is going. some republicans say, hey, we're going -- this is where we're going to get our spending cuts because they don't think they got any in the fiscal cliff plan that was just passed and this is where they want to make that stand. will all of them make it because it will need all republicans, particularly...
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Jan 14, 2013
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and we know that he's going to start off talking about the debt ceiling. he'll call for republicans to raise it without a fight. but several gop members have already said the debt ceiling is going to be where they draw a line in the sand. >>> check out the first page of politico this morning. double trouble. house gop, eyes default, shutdown. and it talks about the very real possibility that house republican members want to see the government shut down or default if they don't get the cuts they want. >>> let me bring in "times" deputy bureau chief ed o'keefe. good morning to both of you. this is all just breaking now, but the president has said and he said it consistently. he's not negotiating over the debt ceiling. michael, is this more of what we're going to hear from him today? is he going to lay the groundwork for the battle ahead? >> i think so. to some degree i think what's happening is a game of chicken unfortunately. i know the financial markets hate it. and it kind of turns your stomach a little bit. but obama has said we're absolutely not negotia
and we know that he's going to start off talking about the debt ceiling. he'll call for republicans to raise it without a fight. but several gop members have already said the debt ceiling is going to be where they draw a line in the sand. >>> check out the first page of politico this morning. double trouble. house gop, eyes default, shutdown. and it talks about the very real possibility that house republican members want to see the government shut down or default if they don't get the...
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Oct 9, 2013
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. >>> a small group of house republicans will meet to discuss the shutdown and debt ceiling negotiations. president is having the entire caucus over today. the president says he won't negotiate until the budget is approved with no strings attached. >>> and the fallout from the shutdown has created a public fire storm over benefits denied to the families of fallen members. now the fisher foundation, based in our state, has stepped in to help families with $100,000 death gratuities. some count on that money to travel to dover and the foundation has agreed to front the families the money until the government reopens. >> my eye will be on meeting the family's needs and that's what i have control over. so working with our organization, working with the department of defense, we're going to find a solution and one that works for the families. congress and the president will work things out. i have every confidence that at some point this mr. work again, but in the meantime we need to be thinking about the families. >> david and his foundation stepping up. defense secretary chuck hagel traveled
. >>> a small group of house republicans will meet to discuss the shutdown and debt ceiling negotiations. president is having the entire caucus over today. the president says he won't negotiate until the budget is approved with no strings attached. >>> and the fallout from the shutdown has created a public fire storm over benefits denied to the families of fallen members. now the fisher foundation, based in our state, has stepped in to help families with $100,000 death...
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Jan 14, 2013
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$1 in cuts for $1 in raising the debt ceiling, then they need to cut. let's see if they can pass a proposal that cuts $2.5 trillion. he was basically daring them. he doesn't think that they can come up with a spending reduction bill even on their own that meets the standard they're trying to set. >> chris alissa, what was your take-away? the president clearly came out putting it on the republicans and all weekend they were telling us, you know, we're not going to go for the 14th amendment. we're not going to go for any of these cop-outs, and forget about that platinum coin. you had the unusual step on saturday afternoon of the federal reserve endorsing the treasury's response that the federal research would not buy that asset, which means it was a nonstarter. >> right. well, you know, it seems to me that this -- chuck said he summed it up in a few words. i'll sum it up in my few words, which is basically i won. the president was essentially saying he repeatedly on debt ceiling on the possibility of a government shutdown, he said, look, we had a campaign
$1 in cuts for $1 in raising the debt ceiling, then they need to cut. let's see if they can pass a proposal that cuts $2.5 trillion. he was basically daring them. he doesn't think that they can come up with a spending reduction bill even on their own that meets the standard they're trying to set. >> chris alissa, what was your take-away? the president clearly came out putting it on the republicans and all weekend they were telling us, you know, we're not going to go for the 14th...
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Jan 27, 2013
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debt ceilings, fiscal cliffs, and most people we talk to, talk about their kids' future, their neighbor out of work, they talk about concern these have with schools and transportation, things like that. a relevant thing that i think nationally republicans aren't connecting, and we can't. we need to be the party of growth and opportunity. the optimistic, relevant, courageous. if we do, we'll win national elections again. >> social issues important to you. as a politician and person. can you stay the republican party and say, look, we understand we have disagreements come into the party anyway? >> i think these issues of life, family, marriage, kind of define who you are. we'll differ on that but if they know you care about the biggest things, roads, schools, quality of life. access to the american dream. more opportunity. they will give you a chance. it will improve the conservative government will get good results and the things people care about. that's our road back and as hap people will buy into the ideas. >> we'll have more with our panel when we return. loss plan. but their shakes
debt ceilings, fiscal cliffs, and most people we talk to, talk about their kids' future, their neighbor out of work, they talk about concern these have with schools and transportation, things like that. a relevant thing that i think nationally republicans aren't connecting, and we can't. we need to be the party of growth and opportunity. the optimistic, relevant, courageous. if we do, we'll win national elections again. >> social issues important to you. as a politician and person. can...
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now, the republicans are saying if you want to raise the debt ceiling you have to match it one for one with spending cuts. i think what the house is going to do is pass a bill doing exactly that, send it to senate. that is the black hole when it comes to passing things. they haven't had a budget passed in three years and then the president has to decide how much he wants to get involved. >> jamie: do you think he could raise the debt ceiling without getting the consensus of congress? >> he has already done things that most cooling scholars is dubious. he made appointments in congress when congress was out of session but congress said it wasn't out of session. nancy pelosi the democratic leader of the house has said the president should do this and she'll back him up. if the president did that it might go to court. i don't think the courts would exercise injure diction on that. of course the president would do that. if the consequences are catastrophic as they claim, i don't think they will be, of course he'll do it. >> jamie: you talk about the republicans' approach of cutting spending
now, the republicans are saying if you want to raise the debt ceiling you have to match it one for one with spending cuts. i think what the house is going to do is pass a bill doing exactly that, send it to senate. that is the black hole when it comes to passing things. they haven't had a budget passed in three years and then the president has to decide how much he wants to get involved. >> jamie: do you think he could raise the debt ceiling without getting the consensus of congress?...
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my eyes are wide open and you really think that the debt ceiling is going to increase. i think by all expectations pretty much knock down and drag out fight. it was over the fiscal christ and what we saw one is a divided republican party andine though it controlled the house was unable to put together their own deal. you only need a minority of republicans. it is a rool where the house and speaker would call the vote unless a majority of the party was in favor of the legislation. that went by the board and unlesslet republicans in the house can get their act together and act in a united way which they showed no signs of doing. the power goes to the democratics. speaker bone bone might have trouble corralinglet caucus. >> really. some of the top guys and whips who are whipping the vote were against him . so i think there is it a ricis right now in the republican party. particularly in the house. between very conservative members and the pragmatist and until and unless they find common ground. you are going to see the president and the democratics -- democrats in the sena
my eyes are wide open and you really think that the debt ceiling is going to increase. i think by all expectations pretty much knock down and drag out fight. it was over the fiscal christ and what we saw one is a divided republican party andine though it controlled the house was unable to put together their own deal. you only need a minority of republicans. it is a rool where the house and speaker would call the vote unless a majority of the party was in favor of the legislation. that went by...
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Jan 10, 2013
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they'll have a big fight over the debt ceiling and these are fights that could blow up. the president will be more combative with republicans than thethe conciliatory let's all find a solution we can agree on. >> john: so we won't be compromising on his compromised compromises. you wrote, the best way to get what he wants his staff says, is to create pressure from the outside through campaign-style events like the one he staged in during the fiscal cliff negotiations. have we ever seen a president campaign with tons of cheering middle class folks behind him in iowa, have we ever tried that to get things moved across the aisle in the second term? >> i think not the way we're going to see from president obama. george bush, again he went on his social security tour in 2005 trying to revamp social security which was blocked by in congress. we'll see more of what we saw in december. i think we're going to see more of that whether it's the debt ceiling or gun control or immigration. he feels like he's better, and his team feels like he's better when he's outside of washington
they'll have a big fight over the debt ceiling and these are fights that could blow up. the president will be more combative with republicans than thethe conciliatory let's all find a solution we can agree on. >> john: so we won't be compromising on his compromised compromises. you wrote, the best way to get what he wants his staff says, is to create pressure from the outside through campaign-style events like the one he staged in during the fiscal cliff negotiations. have we ever seen a...
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Jan 8, 2013
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from my conversation with republicans, the debt limit will be the most significant thing they do this year. >> y? they feel they have the most lerchlg against president obama to force him to make massive changes to entitlement and enact massive spending cuts. when he says he won't negotiate on the debt limit, they're going all in on the debt limit. if you read the profile of a lot of these new guys, politico had one this morning, if you have conversations with a lot of these gop aids, they say the folks coming in, a lot of these freshmen, they come from very conservative rural districts where they see any extension to the debt limit is adding to the united states to the red, and they don't want to do that under any circumstances. this idea that the new congress will somehow understand economics 101 understand that you need to incur more debt senatored every in order for the national economy and the world economy to flourish is lost on a lot of the new members, is lost on a lot of folks in the house republican congress. hence, you have the divide between the establishment people that g
from my conversation with republicans, the debt limit will be the most significant thing they do this year. >> y? they feel they have the most lerchlg against president obama to force him to make massive changes to entitlement and enact massive spending cuts. when he says he won't negotiate on the debt limit, they're going all in on the debt limit. if you read the profile of a lot of these new guys, politico had one this morning, if you have conversations with a lot of these gop aids,...
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Sep 18, 2013
09/13
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sure, debt ceiling up. obamacare defunded. that essentially what many republicans are saying today? >> well, maybe we should take a step back because the president was talking about the debt ceiling, which he described exactly what it was. i don't have to repeat that. that had been part of the discussion inside the house republican caucus about attaching that to defunding obamacare. but instead what they're doing and formally announced this morning is they are going to attach defunding obamacare to keeping the government running. so there are basically two deadlines. the first dead line is september 30th. that's when the government runs out of money. if they don't pass something to get the funding going, then the government will shut down. then the other is the debt ceiling, which we think will probably be in mid-october. but what house republicans have decided to do is to make their number one issue defunding obamacare part of the spending battle, which is will really, really high stakes because this means that in the next 12 days, september 30th is 12 days from now, they're going
sure, debt ceiling up. obamacare defunded. that essentially what many republicans are saying today? >> well, maybe we should take a step back because the president was talking about the debt ceiling, which he described exactly what it was. i don't have to repeat that. that had been part of the discussion inside the house republican caucus about attaching that to defunding obamacare. but instead what they're doing and formally announced this morning is they are going to attach defunding...
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Jan 16, 2013
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perhaps we've seen the near future in how the republicans end up agreeing to a debt ceiling raise without a battle. government funding and government shutdown, different story. >>> let's turn back to the big story of the day. and that is the president's push on guns and the coming fight with both congress and the nra. in addition to calling on congress to pass gun control legislation, the president will propose a set of executive actions. nbc's justice correspondent pete williams is here to help explain some of those executive actions. a big one that we know he's going to call for is this idea, pete, of basically ordering the justice department to prosecute people that fail background checks. explain why that hasn't been done before, and how it can be done. >> sure, first of all. the federal law makes it a crime for somebody to falsify, knowingly falsify information to their background checks, saying that they're qualified to have a gun when they're not. presumably, most people know when they've been dishonorably discharged from the military, whether they have the felony conviction, wheth
perhaps we've seen the near future in how the republicans end up agreeing to a debt ceiling raise without a battle. government funding and government shutdown, different story. >>> let's turn back to the big story of the day. and that is the president's push on guns and the coming fight with both congress and the nra. in addition to calling on congress to pass gun control legislation, the president will propose a set of executive actions. nbc's justice correspondent pete williams is...
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Jan 4, 2013
01/13
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the republicans are not going to raise it unless we come up with spending cuts equal to the debt ceiling. what happens? >> the republicans may cause the country to default. they have the power and do control half of the congress and they have enough votes to block anything. i think it's disgraceful and the president is doing all he can to run the only super power on god's earth. somewhat optimistic. they seem to want to destroy the economy. . >> the will of the people, the american people believe that this government is too big and it spends too much and taxes too much. it's $16 trillion in debt. if the president ignores that problem, he does so on his own. he can't be intimidator in chief, but commander in chief. this is the moment. the debt that your party -- >> he added $6 trillion. >> they handed it off to republicans and the republicans created the debt. by waging two wars on the credit card and passing the drug claim for seniors and deregulating wall street. those were the pieces. all of the republican policies. the president has been trying and succeeding in ameliorating those pol
the republicans are not going to raise it unless we come up with spending cuts equal to the debt ceiling. what happens? >> the republicans may cause the country to default. they have the power and do control half of the congress and they have enough votes to block anything. i think it's disgraceful and the president is doing all he can to run the only super power on god's earth. somewhat optimistic. they seem to want to destroy the economy. . >> the will of the people, the american...
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Jan 7, 2013
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terms of bargaining around the debt ceiling limit. they've got a situation where th they're obviously talking about cuts. but one of the problems is people don't really wants cuts. and, also, i think the other reality is if you look at what's happened so far, i think we've cut out quite a bit. revenue that's come in so far, actually, i think it's been a third or fourth of that. so thal eve got a real challenge going forward in terms of what are we going to speak with. >> michelle, as long as it's out there where you have some just overtly saying shutdown is good, i'll do shutdown. don't we need the leadership like mcconnell to say unequivocally, we're not talking about a shutdown nou. it's not a good thing. even nut gingrich, the architect of the shutdown in the '90s says it's not good. it makes one wonder are the others speaking in a set or tone that they can use as an option and that that would be disastrous for this country and the economy. >> i think if the cliff negotiations taught us anything, you can't listen to the hardline lu
terms of bargaining around the debt ceiling limit. they've got a situation where th they're obviously talking about cuts. but one of the problems is people don't really wants cuts. and, also, i think the other reality is if you look at what's happened so far, i think we've cut out quite a bit. revenue that's come in so far, actually, i think it's been a third or fourth of that. so thal eve got a real challenge going forward in terms of what are we going to speak with. >> michelle, as long...
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Jan 16, 2013
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they're taking on republicans when it comes to catch this list gun safety, cabinet posts, the debt ceiling. and it's looking like they're finding success. is this a preview of a winning second obama presidential term? nia-malika henderson is for the washington post and glenn thrush. a loaf rather than going for the whole loaf. he is basically a continuing campaign. he is going to the american people and using the bully pulpit, i think much more effectively than he ever has, using all of the levers of his office, whether he is going, considering executive action around gun control and also going to vice president biden, kind of an inside game there. but also going to the outside game and looking at public opinion. and he is finding out what the public wants, trying to lead, i think, the public opinion parade, but also be in the middle of it. >> let me check you on that. will he come after assault weapons ban tomorrow? >> i think he will. >> okay. that's a test of toughness. >> i think that's right. yeah. >> okay. let me go right now to this other question of the -- of sticking with hagel. g
they're taking on republicans when it comes to catch this list gun safety, cabinet posts, the debt ceiling. and it's looking like they're finding success. is this a preview of a winning second obama presidential term? nia-malika henderson is for the washington post and glenn thrush. a loaf rather than going for the whole loaf. he is basically a continuing campaign. he is going to the american people and using the bully pulpit, i think much more effectively than he ever has, using all of the...
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Jan 13, 2013
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we're the only country on earth that has a debt ceiling limit. ultimately as part of a grand bargain we ought to get rid of it and we ought to substitute statutory budget controls and the constitutional credit cart limit, the gdp but in the interim if the republicans wasn't to use leverage they ought to use it on the sequester and continuing resolution. >> right on the heels -- >> we should not allow this to become thought of as a legitimate or normal budget strategy. this is hostage-taking. this is saying walk into a room saying i've got a bomb, give me what i want or i'll blow up this room. this is not something -- this has never happened before and should not be allowed to happen. >> doesn't it mean it will happen now for the first time given the positions that each side has taken and what -- let me ask you, paul krugman, what are the economic consequences of that? >> it's incredibly scary. this is much scarier than the fiscal cliff, much scarier than any of the other things out there because we don't know what it does. what we do know is u.s.
we're the only country on earth that has a debt ceiling limit. ultimately as part of a grand bargain we ought to get rid of it and we ought to substitute statutory budget controls and the constitutional credit cart limit, the gdp but in the interim if the republicans wasn't to use leverage they ought to use it on the sequester and continuing resolution. >> right on the heels -- >> we should not allow this to become thought of as a legitimate or normal budget strategy. this is...
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Oct 11, 2013
10/13
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are talking about is raising the debt ceiling those republicans and the white house initially sounded optimistic. >> we will come back. the president said he will go and consult with the administration folks and hopefully we can see a way forward after that. >> listen to what harry reid said of the same plan? >> republicans want to negotiate. >> not going to happen. >> in as much as to guys need to talk, it may be a situation where the president needs to have talks with senate majority leader harry reid to get on the same page. the fact that any one is talking it is something of a break tlau. doug luzader live from washington. >> he pays a bill to death benefits of fallen soldiers during the shut down. this as the white house secretary said the bill wasn't necessary since the charity already put money in to foot the bill. last night on the kelly file congressman duncan hunter took aim at chuck hagel. >> chuck hagel needs to think about putting in his resignation. he broke the trust of these families. these military families are not pawns to be played with by this administration. that'
are talking about is raising the debt ceiling those republicans and the white house initially sounded optimistic. >> we will come back. the president said he will go and consult with the administration folks and hopefully we can see a way forward after that. >> listen to what harry reid said of the same plan? >> republicans want to negotiate. >> not going to happen. >> in as much as to guys need to talk, it may be a situation where the president needs to have talks...
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Aug 8, 2013
08/13
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two, how likely do you think that we'll have yet another debt ceiling showdown later in the winter? >> well, you're going to have a collision between the ever shrinking number of cooler heads in the republican party and the sort of renacent tea party. the tea party did not go away. if anything, the tea party is more important now than it was before and i think there are people within the tea party who want to run for president in 2016 like rand paul, like ted cruz to name two. marco rubio is sort of in but not totally in every aspect of the tea party. they're going to want some kind of dramatic moment or other. there will be a put the stick in the spokes of the wheel of the bike. there will be something like that that will stop things. for how long, i don't know, but i would seriously doubt that we can avoid it. how long it will last, who will know, how seriously we will know. i have serious doubts about whether the sequester will be lifted. i think there are too many republicans who are dug in on the idea of keeping the sequester. they sort of stumbled into it by accident. they wer
two, how likely do you think that we'll have yet another debt ceiling showdown later in the winter? >> well, you're going to have a collision between the ever shrinking number of cooler heads in the republican party and the sort of renacent tea party. the tea party did not go away. if anything, the tea party is more important now than it was before and i think there are people within the tea party who want to run for president in 2016 like rand paul, like ted cruz to name two. marco rubio...
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Jan 5, 2013
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the debt ceiling debate has already started. and there are more votes ahead on sandy relief. so when does the republican party go from here? there are 84 new congressmen coming into the house. coming up next hour we'll talk with one of those freshmen to get his impression of the house of cards. >> and an american film maker has returned from syria where he witnessed the tragedy of war and found out why rebels say they always keep one last bullet. president hugo chavez has a severe lung infection and is, quote, fighting for his health. the controversial leader is now in cuba where he went for his fourth cancer operation last month. his fragile health is casting doubt on whether the 58-year-old will be able to be inaugurated next week. >>> new details are emerging about the fatal gang rape of the 23-year-old medical student in new delhi. the horrific crime has led to widespread protests in india and the victim's male friend who was also attacked is speaking out for the first time about the horrific attack and here is what he told reuters. >> translator: from where we boarded th
the debt ceiling debate has already started. and there are more votes ahead on sandy relief. so when does the republican party go from here? there are 84 new congressmen coming into the house. coming up next hour we'll talk with one of those freshmen to get his impression of the house of cards. >> and an american film maker has returned from syria where he witnessed the tragedy of war and found out why rebels say they always keep one last bullet. president hugo chavez has a severe lung...
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Jan 16, 2013
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they're taking on republicans when it comes to catch this list gun safety, cabinet posts, the debt ceiling. and it's looking like they're finding success. is this a preview of a winning second obama presidential term?? malika henderson is a political reporter for the "washington post," and glen thrush for politico and co-author of the ebook "end of the line." i nice you'd. i missed you. i've seen you on other shows, i've seen some sighting, but thank you for coming back. let's take a look at him now in his first press, the last one of the old year, the president warned republicans not to play politics when it comes to the debt ceiling. here is the president. >> but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> and that's yesterday's last press conference of the first presidential term. this morning, newt gingrich of all people reacted by saying the president was bullying republicans. that's a l
they're taking on republicans when it comes to catch this list gun safety, cabinet posts, the debt ceiling. and it's looking like they're finding success. is this a preview of a winning second obama presidential term?? malika henderson is a political reporter for the "washington post," and glen thrush for politico and co-author of the ebook "end of the line." i nice you'd. i missed you. i've seen you on other shows, i've seen some sighting, but thank you for coming back....
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Jan 7, 2013
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. >> congress that is two months to fix the debt ceiling before the u.s. will default on some of the bills. >> how is that tough spot going over with repaub cans? -- republicans? >> not very well. thor those who pushed for the higher taxes during the fiscal cliff battle now want to focus on spending. they see raising the debt limit repeatedly is path of the problem. >> looks like the second term of obama will be an in your case term. i am not going to touk with you at all. >> we get to cut one dime nower>> congressman chris van holland said it is irresponsible not to pay bills that are due. after decades of military service two our country the former general can be found in civilian clothes but not necessarily by choice. stan me mccrystal going public for the first time that cut his tahrir short. >> 100 yearing ago the 27th man in the u.s. is in that house. presidential bieb brar reand materials. we will go back tore all of the t-shirts. [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® l
. >> congress that is two months to fix the debt ceiling before the u.s. will default on some of the bills. >> how is that tough spot going over with repaub cans? -- republicans? >> not very well. thor those who pushed for the higher taxes during the fiscal cliff battle now want to focus on spending. they see raising the debt limit repeatedly is path of the problem. >> looks like the second term of obama will be an in your case term. i am not going to touk with you at...
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Jan 5, 2013
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with the cliff behind us and the debt ceiling ahead of us and the sequester, do republicans really have any bargaining power left do you think? >> sure because -- because we have this debt limit. right now i mean the president's bargaining power in the last few months has been that all we cared about was "protecting tax cuts" for "the rich." that issue is off the table now. what we're now trying to do is reduce the deficit. stop the spending, reform the entitlements. in order to reduce their costs but also to save them. only 1/3 of medicare is paid for by medicare taxes. the rest is borrowed. every single day. and this can't go on. and it's not speculation that it can't go on. the only three countries that have a greater debt-to-gdp ratio than we do are greece, spain, and japan. s and and -- and what's happened for them is bad, the outcome for us will be bad. i'm not sure when and how it will manifest itself, but it will be bad. we have to get it control and under control now. and i think that's an argument that most of the american people understands and support us. >> let me ask but a
with the cliff behind us and the debt ceiling ahead of us and the sequester, do republicans really have any bargaining power left do you think? >> sure because -- because we have this debt limit. right now i mean the president's bargaining power in the last few months has been that all we cared about was "protecting tax cuts" for "the rich." that issue is off the table now. what we're now trying to do is reduce the deficit. stop the spending, reform the entitlements....
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Jan 14, 2013
01/13
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if you are going to fault republicans to bring to us debt ceiling brink, point out that the democrats played the same game. that is not just republicans who are balking at raising the debt ceiling, that means saying that theteams did the same thing. major is pointing out to the president's face that the president has done so himself. i'm not saying, nor is major garrett, who is right or wrong but fair is fair. continuing spending debate in washington, not covering both parties fair or up fair is both. would it kill you to say that the democrats are just as obstinate for not wanting to cut spending. if republicans are adamant on taxes, democrats are adamant when they are not on spending and that's not obstructionist? point out the oddity and the time. like nancy pelosi trying to
if you are going to fault republicans to bring to us debt ceiling brink, point out that the democrats played the same game. that is not just republicans who are balking at raising the debt ceiling, that means saying that theteams did the same thing. major is pointing out to the president's face that the president has done so himself. i'm not saying, nor is major garrett, who is right or wrong but fair is fair. continuing spending debate in washington, not covering both parties fair or up fair...